There is a water oak tree in my yard, which is a member of the red oak family. There seems to be some sort of insect burrowing holes into the tree at the darkest spot. Tannins are being washed down the bark from the wound--possibly rotting the bark. What sort of insect does this? There was no previous wound as far as I know. I just noticed it for the first time today.
I live in South Carolina. I've seen things that look like this in the region but never anywhere near my property.
I have done some research into red oak boring insects.
http://www.treehelp.com/about-tree-insects/----Reccomends injecting, spraying, and soil soaking with various insecticides.
http://homeguides.sfgate.com/pests-red-oak-trees-42540.html---Recommend covering the tree in clear plastic sheeting.
Oak Borers---Recommends Imidacloprid insecticide.